PEACHTREE CABLE HOLDINGS LTD
13F-HR, 1999-05-13
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                                  UNITED STATES
                        SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                     FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Quarter Ended: March 31, 1999

Check here if Amendment [ ]; Amendment Number:      
     This Amendment (check only one.):  [ ] is a restatement.
                                        [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:     Peachtree Cable Holdings, Ltd.
Address:  201 Main Street, Suite 3100
          Fort Worth, Texas 76102

Form 13F File Number:  28-5202

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information and contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Report Manager:

Name:     W.R. Cotham
Title:    Vice President of Member of General Partner of General Partner of
          General Partner of General Partner
Phone:    817/390-8400

Signature, Place, and Date of Signing:

     /s/ W.R. Cotham      Fort Worth, Texas   May 12, 1999
                    
Report Type (Check only one.):

[X]  13F HOLDINGS REPORT.  

[ ]  13F NOTICE.

[ ]  13F COMBINATION REPORT. 


I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934.
<PAGE>

                              FORM 13F SUMMARY PAGE


Report Summary:

Number of Other Included Managers:      0

Form 13F Information Table Entry Total: 2

Form 13F Information Table Value Total: $894,833 (thousands)

List of Other Included Managers:  
NONE
<PAGE><TABLE>


                                        FORM 13F INFORMATION TABLE
<CAPTION>
                  TITLE OF             VALUE    SHARES/    SH/ PUT/   INVSTMNT   OTHER     VOTING AUTHORITY
NAME OF ISSUER          CLASS     CUSIP     (X$1000)    PRN AMT    PRN CALL DISCRETN  MANAGERS   SOLE  SHARED  NONE
- - - - - - - - - - - - - ------------------------  --------    -----     --------  -------   --- ----  --------  --------     ----    ------  ---- 
<S>               <C>     <C>     <C>      <C>      <C> <C>   <C>    <C>         <C>
MEDIAONE GROUP INC        COM      58440J104  454593    7158942  SH     SOLE       7158942
U S WEST INC NEW        COM     91273H101 440240      7995275  SH     SOLE         7995275
</TABLE>


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